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Sold for $2,000,000 on 06/14/25
  • $2,000,000

    48 Boylston St, Jamaica Plain, MA 02130

    6beds
    4,992sqft
    5+ Family - 5+ Units Side by Side
    Built in 1905
    -- sqft lot
    $-- Zestimate®
    $401/sqft
    $-- Estimated rent

    What's special

    UNLOCK A LUCRATIVE INVESTMENT OPPORTUNITY: Own a Classic 6-Unit Multi-Family Gem in Central JP! This exceptional 6-unit multi-family building in the heart of JP. Prime location just minutes from the train station & the vibrant shops of Centre St., All units in this classic central entrance building are currently leased, offering immediate income potential. Spacious 1-bedroom/4-room unit features a generous living room, dining room & kitchen, private bedrooms at the rear of each unit provide a peaceful retreat. Major renovations undertaken in 2002 ensure that this property is well-maintained & move-in ready. A newer heating system, vinyl siding & newer windows contribute to its energy efficiency & overall appeal. With 5 of the 6 units currently TAW & rents currently below market value, there is tremendous potential for increased revenue. The pro forma for Fiscal Year 7/25 projects an impressive annual gross income of $183,000 & a promising cap rate of 6.2%.

    Zillow last checked: 7 hours ago

    Listing updated: June 14, 2025 at 07:46am

    Listed by:

    Bunny Cecchetto,

    Focus Real Estate

    Bought with:

    Brian Perry

    Concept Properties

    Source: MLS PIN,MLS#: 73343796

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 6
    • Full bathrooms: 6
    Heating
    • Steam, Oil, Common
    Cooling
    • Wall Unit(s)
    Appliances
    • Laundry: Electric Dryer Hookup
    Features
    • Storage, Crown Molding, Laundry Room, Upgraded Cabinets, Upgraded Countertops, Bathroom With Tub & Shower, Remodeled, Living Room, Dining Room, Kitchen
    • Flooring: Hardwood, Stone/Ceramic Tile
    • Windows: Insulated Windows
    • Basement: Full
    • Has fireplace: No
    Interior area
    • Total structure area: 4,992
    • Total interior livable area: 4,992 sqft
    • Finished area above ground: 4,992

    Property

    Features
    • Patio & porch: Porch, Deck
    Lot
    • Size: 4,840 sqft
    • Features: Level
    Details
    • Parcel number: W:19 P:00340 S:000,5085496
    • Zoning: R4

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: 5+ Family - 5+ Units Side by Side
    Materials
    • Frame
    • Foundation: Granite
    • Roof: Rubber
    Condition
    • Year built: 1905

    Utilities & green energy

    • Electric: Circuit Breakers
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: for Gas Range, for Electric Oven, for Electric Dryer

    Community & neighborhood

    Community
    • Community features: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Medical Facility, Bike Path, House of Worship, Private School, Public School, T-Station, University
    Location
    • Region: Jamaica Plain

    HOA & financial

    Other financial information
    • Total actual rent: 15250

    Other

    Other facts
    • Listing terms: Contract
    Services availability